Housebuilder says homes for first-time buyers will in addition to existing product range.
Redrow has announced that planning permission for 800 of its low-cost Debut homes will have been submitted by the end of December 2005.
The housebulider said it was aiming to build 2,000 Debut homes per annum within the next five years and said that delivery would be over and above Redrow's current product range.
Chief executive Paul Pedley said: “Debut satisfies a clear demand in the market for new homes and provides Redrow with further opportunities both to extract additional benefits from its current land bank and to create more opportunities in the land market generally.”
Redrow launched its first development of Debut in Rubgy earlier this month. Prices for the 103 homes started at £49,995 for one-bed apartments.
